Tuesday, April 7, 2009

Saat Rasta Makeover Plans

Jamnagar Municipal Corporation (JMC) has announced its plans to spend around Rs 1.5 crore on the development of Saat Rasta traffic junction.
This reformed road will lead from Samarpan entry to Gulabnagar conceptualised on built on operate' (BOT) basis.

A life-size statue of Rani Laxmibai of Jhansi will be installed at the circle, a junction of seven roads: Khabhalia Road, Janata Society Road, ST Station Road, Indira Marg, Bhidbhanjan Road, Air Force Road and Samarpan Entry Road.

The proposed seating arrangement at the circle for people will help unwind themselves and promises to become a recreational point. Earlier, there used to be a fountain at the point, built by Jamnagar Commerical Co-operative Bank. However, it had to be removed due to underground drainage work. Now, the JMC plans a huge circle in a grand makeover plan for the area.
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http://www.halar.org
http://jamnagar-news.blogspot.com

Jamnagar Election Coverage - 2009

Jamnagar, will be the prime place of battle between Congress & BJP in Saurashtra.

in 2004, the BJP'S five-time MP Chandresh Patel lost by very thin margin of around 5000 votes by an Ahir leader, Vikram Madam. BJP candidate of 2004, Chandresh Patel had supported Kisan Sangh to campaign against chief minister Narendra Modi, and he had to leave party for that, fearing one more loss, the CM wooed Patel was given BJP worker's card, but not the ticket to contest.

This was the first time BJP lost her seat in Jamnagar. Jamnagar seat is dominated mainly by Leva Patel and Ahir communities, BJP's trick of proposing Ramesh Mungra will make a split between Leva and Ahir communities. Adding fuel to fire, there is internal feud in the Congress and Madam might pay the price for it.

Vikram Madam is very popular in Jamnagar City due to his social work and accessibility to people, however the BJP's dominance of Jamnagar Municipal Corporation is a major roadblock for him. BJP also controls most of the Taluka panchayat like Salaya (Congress), Dwarka, Jam-Jodhpur, Dhrol, Bhanvad, Kalavad and Khambhaliya municipalities. The Jamnagar District panchayat is also dominated by the BJP.

Vikram Madam is also facing issues within the party. for e.g. Poonam Madam (his niece) was also lobbying to get the party ticket, on the other hand, this time BJP has picked up a new comer Ramesh Mungra, Ramesh was BJP general secretary and Jamnagar district panchayat member. Hailing from powerful Leva Patel community. Ex-Deputy CM Mulu Bera, who is also current Bhanvad MLA (Ahir community) will assist Ramesh to woo Ahir votebank.

Out of around 13 lakh voters in Jamnagar, Ahirs are in a majority with 16% votes. The other are Kshatriyas (14%), Patels (14%), a majority of them being Leuva Patels), Muslims (13%) and Vaniya/Jain 10%.

Jamnagar has many new issues in this election, new things like heavy industrialisation has also thrown up issues like environmental degradation. Non-availability of sufficient water for drinking, irrigation and industrial purposes is a major issue in the district. Unemployment, clashes with migratory population etc. are other emerging issues.
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http://www.halar.org/jamnagar
http://jamnagar-news.blogspot.com

Jamnagar - Rajkot Refinery Project Completes

Maytas Infra Ltd has completed the commissioning process for 110-km high pressure gas pipeline project between Rajkot and Jamnagar (RJPL) .

Gujarat state-owned Gujarat State Petronet Ltd (GSPL) awarded Rs 303.45 crores EPC contract to MNJV which is a joint venture between Maytas Infra and Nftogazoud, a Ukrainian giant in pipeline construction.


The pipeline is being laid to supply Natural Gas to Reliance's upcoming refinery at Jamnagar from the Godavari Basin in Kakinada, a Maytas Infra release said here on Monday.

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http://www.halar.org/jamnagar
http://jamnagar-news.blogspot.com

Reliance Coker Unit - Minor Fire

Last Wednesday, fire broke out on at Reliance Industries' newly commissioned export-oriented Oil refinery, there were no casualties as the fire was small.

Coker unit of the 5.8MMTPD refinery of Reliance Petroleum, was commissioned in December 2008, this was the place which caught fire. RIL spokesman maintained that the rest of the refinery was operating normally and product dispatches continued as scheduled.
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http://www.halar.org/jamnagar
http://jamnagar-news.blogspot.com

Thursday, March 26, 2009

Thursday, March 19, 2009

IAF - Russian MIG-29 Fleet Grounding issue

As Russia is re-designing its defense system and making fundamental changes in air-defense, India is taking few gasps.
Russia has decided to largely grounded MiG-29 fleet, On the other hand Indian Air Force has decided not to ground its own MiG-29 squadrons for the moment.

Senior IAF officer explained that Mig-29 will continue to fly from airbases at Halwara and Jamnagar, he also emphasized the MIG-29 importance in coastal airbases of Jamnagar. Jamnagar is biggest airbase that is hosting MIG-29 fleets, MIG-29 are "all-weather air-superiority" fighters that constitute a critical element of India's "air defense capabilities" along the western front.
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http://www.halar.org/jamnagar
http://jamnagar-news.blogspot.com

Essar Oil Refinery Expansion Plans

Essar Oil Ltd, flagship company of The Ruia Group is planning to continue the Vadinar Jamnagar Refinery expansion.

Essar Oil Ltd, confirmed yesterday its plans to go ahead with the expansion of its Jamnagar refinery and continuing business of petroleum retail businesses spread across the country.

The company is also laying down phased plan to expand into petrochemicals, the natural progression for any refinery, till after the second stage of refinery expansion is completed in December 2011.


This expansion project would cost about $5.5 billion, is being implemented in two phases for which the company has a loan commitment of about $4.55 billion, $700 million is from commitments in foreign loans and the remaining is from Indian lenders. Essar did mentioned that they can go for more foreign lending.

Current expansion plans are needed for Essar to de-bottleneck and upgrade its existing Jamnagar refinery, Essar is hoping to increase Jamnagar refinery's annual output capacity from 13 million tonnes (mt) to 16 mt (330,000 barrels a day) in the first phase. This phase will cost Rs 7,810 crore and it will involve installation of additional processing units (such as coker and hydro-treaters), a hydrogen-manufacturing unit and revamping of some of the existing units. The company is taking Rs 4,600-crore debt for the first phase, which is expected to be completed by December 31, 2010.
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http://www.halar.org/jamnagar
http://jamnagar-news.blogspot.com

Sunday, March 15, 2009

Chandresh Patel Returning to BJP

Chandresh Patel, Former BJP MP from Jamnagar for five terms is now returning to BJP.

Chandresh Patel became rebel after being denied ticket in last Assembly elections
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http://www.halar.org/jamnagar/

Sunday, March 1, 2009

RIL - RPL Merger Highlights

Today, Reliance Industries have approved a scheme of merger of its subsidiary Reliance Petroleum (RPL).

Once the merger is completed, shareholders of RPL will receive one fully paid equity share of Rs 10 each of the company for every 16 fully paid equity shares of Rs 10 each of RPL held by them.

Below are the highlights of the RIL RPL Merger meeting
  • RIL-RPL Merger: Swap ratio at 16:1.
  • RIL to issue 6.92 cr shares to RPL shareholders.
  • RIL to extinguish Treasury Stock.
  • Merger to be effective from April 1, 2008.
  • Merger to give no tax relief for RIL.
  • Merger to be EPS positive.

Mukesh Ambani, chairman and managing director of Reliance Industries said, "The merger follows enduring philosophy of creating shareholder value."

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http://www.halar.org/jamnagar
http://jamnagar-news.blogspot.com

RIL - RPL Merger : Chevron Aspect

On Friday, Reliance Industries Ltd Announced its plans of RIL - RPL merger.

This will also mean that US Petro giant Chevron Corp. won't exercise its option to raise its 5% stake in Reliance Petroleum's 580,000-barrel-a-day refinery at Jamnagar.

On Saturday, US oil major Chevron confirmed its exit from Reliance Petroleum (RPL), and declared that it will sell its five per cent stake to Reliance Industries (RIL). After this, RIL's stake will be up to 75.38 per cent.

RIL Management will discuss the merger on Monday.
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http://www.halar.org/jamnagar
http://jamnagar-news.blogspot.com

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